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Analysis: BTC Whales May Take Advantage of Recent Market Decline to Increase Holdings at More Favorable Prices
Summary: According to CoinDesk, amidst increasing macroeconomic pressures, BTC has dropped from a high of $106,000 to below $103,000, followed by a slight rebound. Santiment reports that retail investor sentiment is currently at its most pessimistic level since Trump's tariff announcement in early April. However, due to the unusually strong bearish sentiment among retail investors, this ...
According to CoinDesk, amidst increasing macroeconomic pressures, BTC has dropped from a high of $106,000 to below $103,000, followed by a slight rebound.
Santiment reports that retail investor sentiment is currently at its most pessimistic level since Trump's tariff announcement in early April. However, due to the unusually strong bearish sentiment among retail investors, this may signal a price rebound, as in the past, Bitcoin has rebounded shortly after similar panic sentiments, as large investors often take advantage of periods of retail selling to increase holdings at more favorable prices.
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Link: Analysis: BTC Whales May Take Advantage of Recent Market Decline to Increase Holdings at More Favorable Prices [Copy]
